Glenview Trust Co acquired a new stake in shares of Jabil, Inc. (NYSE:JBL – Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,200 shares of the technology company’s stock, valued at approximately $584,000.
Several other institutional investors have also modified their holdings of JBL. Greenline Wealth Management LLC bought a new position in shares of Jabil during the 4th quarter valued at approximately $28,000. Veracity Capital LLC lifted its position in Jabil by 4,144.3% in the fourth quarter. Veracity Capital LLC now owns 3,735 shares of the technology company’s stock worth $31,000 after buying an additional 3,647 shares during the last quarter. Virtus Advisers LLC purchased a new position in Jabil during the fourth quarter worth $32,000. DV Equities LLC purchased a new position in Jabil during the fourth quarter worth $34,000. Finally, Wilkerson Advisory Group LLC bought a new position in Jabil during the fourth quarter valued at $34,000. 93.39% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Several equities research analysts have recently weighed in on the stock. Raymond James Financial increased their target price on shares of Jabil from $425.00 to $450.00 and gave the company a “strong-buy” rating in a research note on Thursday, June 18th. Robert W. Baird upped their price target on shares of Jabil from $355.00 to $440.00 and gave the company an “outperform” rating in a report on Thursday, June 18th. The Goldman Sachs Group increased their price objective on shares of Jabil from $384.00 to $482.00 and gave the stock a “buy” rating in a research report on Thursday, June 18th. Weiss Ratings raised shares of Jabil from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, July 1st. Finally, Wall Street Zen lowered Jabil from a “strong-buy” rating to a “buy” rating in a research report on Saturday, April 11th. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $453.67.
Insider Transactions at Jabil
In other Jabil news, EVP Matthew Crowley sold 94 shares of Jabil stock in a transaction on Monday, July 6th. The shares were sold at an average price of $345.00, for a total value of $32,430.00. Following the transaction, the executive vice president directly owned 57,536 shares of the company’s stock, valued at approximately $19,849,920. The trade was a 0.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Gary K. Schick sold 1,000 shares of the company’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $340.00, for a total transaction of $340,000.00. Following the transaction, the senior vice president owned 39,843 shares in the company, valued at approximately $13,546,620. This trade represents a 2.45% decrease in their position. The SEC filing for this sale provides additional information. 1.35% of the stock is owned by company insiders.
Jabil Trading Up 0.0%
JBL opened at $318.98 on Thursday. The company has a quick ratio of 0.66, a current ratio of 0.98 and a debt-to-equity ratio of 2.17. The stock’s fifty day moving average is $353.35 and its two-hundred day moving average is $301.62. The company has a market capitalization of $33.43 billion, a P/E ratio of 39.82, a PEG ratio of 0.95 and a beta of 1.28. Jabil, Inc. has a 52 week low of $189.60 and a 52 week high of $428.93.
Jabil (NYSE:JBL – Get Free Report) last issued its earnings results on Wednesday, June 17th. The technology company reported $3.16 earnings per share for the quarter, topping the consensus estimate of $3.10 by $0.06. The business had revenue of $8.75 billion during the quarter, compared to analysts’ expectations of $8.61 billion. Jabil had a return on equity of 83.93% and a net margin of 2.57%.The business’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same period in the prior year, the business earned $2.55 EPS. Jabil has set its FY 2026 guidance at 12.700-12.700 EPS and its Q4 2026 guidance at 3.800-4.200 EPS. Analysts forecast that Jabil, Inc. will post 11.71 earnings per share for the current year.
Jabil Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Friday, August 14th will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Friday, August 14th. Jabil’s dividend payout ratio (DPR) is 4.00%.
About Jabil
Jabil Inc (NYSE: JBL) is a global manufacturing solutions provider specializing in electronic manufacturing services (EMS) and diversified products across a wide range of industries. The company partners with original equipment manufacturers to deliver design engineering, supply chain management, precision manufacturing, and aftermarket services. Jabil’s expertise spans sectors such as healthcare, automotive, clean technology, telecommunications, consumer electronics, and packaging, enabling it to support both high-volume production and complex, mission-critical applications.
Founded in 1966 by William E.
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